Earnings Per Share

6 Months Ended

Jun. 30, 2026

Basic earnings per share (“EPS”) is computed by dividing Net income (loss) attributable to Orion by the weighted average number of common stock outstanding during the period. Diluted EPS equals Net income (loss) attributable to Orion divided by the weighted average number of common stock outstanding during the period, adjusted for the dilutive effect of our stock–based and other equity compensation awards.

The following table reflects the income and share data used in the basic and diluted EPS computations:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
	(In millions, except share and per share data)
Net income (loss) attributable to ordinary equity holders	$	1.8	$	9.0	$	(8.1)	$	18.1
Weighted average number of Common stock (in thousands)	56,292		56,153		56,333		56,603
Basic Earnings (loss) per share	$	0.03	$	0.16	$	(0.14)	$	0.32
Dilutive effect of share based payments (in thousands)	979		167		—		226
Weighted average number of diluted Common stock (in thousands)	57,271		56,320		56,333		56,829
Diluted Earnings (loss) per share	$	0.03	$	0.16	$	(0.14)	$	0.32